Senior Consultant - Compensation Consulting

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World Trade Center, Yeshwanthpur, Bengaluru Urban, Karnataka, IND
In-Office
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
Lead compensation consulting projects: create and manage project plans, engage clients, present solutions, develop proposals, track deliverables, handle invoicing and payments, and build client relationships to grow Mercer business.
Summary Generated by Built In
Company:Mercer

Description:

We are seeking a talented individual to join our Career Consulting Team at Mercer, a business of Marsh . This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

Senior Consultant - Compensation Consulting

We will count on you to:

  • Create a project plan based on the scope of work agreed with the client;

  • Seek sign-off from the Project Manager and client project team on the plan;

  • Schedule meetings with client points of contact as required per the project plan;

  • Monitor and report progress against deliverables to the client and project team on an ongoing basis;

  • Escalate any delays in the delivery of key milestones to the Project Manager

  • Make presentations to the client on the recommended solution;

  • Modify the solution as per recommendations shared by client within Mercer’s framework

  • Liaise with Finance and raise invoices on a timely basis based on agreed deliveries;

  • Track payments for the project on an ongoing basis

  • Identify key clients in the industry segment assigned / owned

  • Meet prospective clients and present solutions

  • Create proposals for prospective clients; Interact with clients for preliminary information; Modify proposals as required

  • Interact with clients (with minimal support) for seeking information, discussing deliverables and setting up meetings as part of the project deliverables

  • Build a strong working relationships with clients and establish self as a key point of contact

  • Ensure engagement beyond the project delivery to grow Mercer wallet share and be a preferred provider

What you need to have:

  • MBA/Post Graduation in Human Resources or equivalent .

  • 4 -6 years of experience post qualification

  • Relevant experience in compensation domain (prior consulting experience is preferable)

What makes you stand out:

  • Human Resources, experience expertise in Compensation & Benefit is preferred

  • Good understanding of various areas in HR, comfort with numbers and understanding of compensation terminology

  • High proficiency with excel and data analytics

  • Dynamic, motivated, flexible and result-oriented personality with the ability to perform under pressure

  • Excellent interpersonal and communication skills

Why join our team:

  • We help you be your best through professional development opportunities, interesting work and supportive leaders.

  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Skills Required

  • MBA/Post Graduation in Human Resources or equivalent
  • 4-6 years of experience post qualification
  • Relevant experience in compensation domain
  • Prior consulting experience
  • High proficiency with Excel and data analytics
  • Good understanding of various HR areas and compensation terminology
  • Excellent interpersonal and communication skills
  • Dynamic, motivated, flexible and result-oriented personality

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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